🔥🔥🔥 Trump proposes a 50% tariff on the EU starting on June 1
Recently, Trump announced a proposal to impose tariffs on the EU for several reasons:
- The EU is a trade barrier for the U.S.
- Causes the U.S. to have a trade deficit of $250M/year
- VAT taxes, currency manipulation, unfair and unjust lawsuits against U.S. companies
Trump also added, "negotiations with the EU will go nowhere"
Immediately after the news, $BTC dropped below $110K.
Did you manage to escape this disaster yesterday? I lost my streak of green days because of it 🥲
#TrumpTariffs #MarketPullback